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Other Assets
9 Months Ended
Sep. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets

9. Other Assets

 

Other assets consisted of the following:

 

(Dollars in thousands)  September 30, 2023   December 31, 2022 
Product branding  $400   $400 
Deposits   255    256 
Total other assets   655    656 
Less accumulated amortization   (329)   (287)
Other assets, net  $326   $369 

 

As of September 30, 2023, the Company had $0.4 million of capitalized costs related to services provided for the rebranding of its existing product line. This amount is being amortized over a seven-year life.

 

Amortization expense totaled $42,857 for both the nine months ended September 30, 2023 and 2022.

 

The deposits represent office lease deposits.